About: Eurogroup

Economy & Jobs 05-04-2019

Greece gets €1 billion in return for reform progress

The eurozone finance ministers approved on Friday (5 April) the disbursement of €970 million to Greece, following the country's successful implementation of outstanding measures agreed as part of its post-bailout monitoring.
Economy & Jobs 12-03-2019

Eurozone delays Greece debt relief over household insolvency law

Eurozone ministers on Monday (11 March) held back granting Greece debt relief because the government failed to implement reforms promised during the massive bailout that ended last year, officials said.
Economy & Jobs 12-03-2019

Eurogroup keeps anti-shock capacity for eurozone budget off the table

Eurogroup president Mario Centeno said late on Monday (11 March) that the future eurozone budget would not include a stabilisation function, despite insistance by France and a handful of other countries to broaden its scope.
Economy & Jobs 22-01-2019

Eurogroup kick off race for ECB chief economist, Ireland’s Lane puts name forward

Ireland presented Philip Lane’s candidacy as chief economist at the European Central Bank on Monday (21 January), as the Eurogroup opened calls for nominations in a relaxed first session of the year. 
Economy & Jobs 04-12-2018

EU reaches limited agreement to bolster economic and monetary union 

EU finance ministers concluded a deal on Tuesday (4 December) to bolster the region with new tools to save ailing banks and member states but postponed Europe-wide instruments to protect depositors or stabilise national economies.
Future EU 04-12-2018

EU finance ministers struggle for eurozone reform deal

EU finance ministers struggled to agree reforms to better fight against a financial crisis early Tuesday (4 December), with negotiators still at the table after more than 12 hours of talks.
Economic governance 20-11-2018

Italy’s revised budget ‘did not dispel concerns’, Eurogroup president says

Italy’s slightly modified budget might not get the green light from the European Commission, the president of the Eurogroup, Mario Centeno, told the Parliament’s Economic and Monetary Affairs Committee on Tuesday (20 November), raising the likelihood of an excessive deficit...
Economy & Jobs 01-10-2018

Ministers press Italy to respect common rules in budgetary spat

Eurozone finance ministers and the European Commission called on the Italian government on Monday (1 October) to respect the EU’s fiscal rules, saying the “non-compliant” budgetary plan announced by the third largest eurozone economy could destabilise the region.
Economy & Jobs 20-08-2018

Commitments have to be respected, EU tells Greece

Greece will now be “a normal country” but the reforms and the ambitious fiscal targets agreed with its lenders must be respected,  the Commissioner for economic affairs, Pierre Moscovici, said on Monday, the day the Hellenic nation exited its bailout programme.
Banking union 10-07-2018

Germany poses ‘real problem’ when protecting bank savers with European guarantee, says official

A senior EU official said on Tuesday (10 July) that an agreement on a European Deposit Insurance Scheme (EDIS) to protect savers across the bloc would be “very hard” given Berlin’s opposition.
Economy & Jobs 22-06-2018

Eurogroup reaches ‘historic’ deal on debt relief for Greece

In the early hours of Friday (22 June), the Eurogroup reached an “historic” deal on a debt relief for Greece, solving the last political hurdle to conclude its rescue programme after more than eight years.
Economy & Jobs 21-06-2018

Spain pledges to ‘square the circle’ on public finances in Eurogroup debut

Spain's new Socialist government said on Thursday (21 June) it had “no reasons” to believe that it would miss its deficit target, despite a planned increase to pensioners’ benefits  being questioned by the EU institutions.
Economy & Jobs 25-05-2018

Eurozone to decide terms of Greek bailout exit, debt relief in June

Eurozone finance ministers will decide next month on all measures, including further debt relief, needed for Greece to exit its bailout successfully, their chairman said on Thursday (24 May).
Economy & Jobs 27-04-2018

Troika calls for ‘strong’ debt relief for Greece

The European Central Bank has joined the IMF and European Commission’s demand for “strong” and “credible” measures to alleviate Greece’s soaring public debt (around 178% of GDP) once the country exits its rescue programme on 20 August.
Economy & Jobs 23-01-2018

Greece gets green light for fresh bailout cash

Eurozone finance ministers approved another 6.7 billion euros in bailout cash for Greece yesterday (22 January) after Athens pushed through controversial reforms that drew strikes and protests.
EU Priorities 2020 15-01-2018

The Brief – Guindos, Spain’s best option for ECB post?

Candidates for the ECB vice-presidency will put forward their names next week. For Spain, there is more at stake than meets the eye as it almost feels this is one of its last chances to regain some clout in Europe, writes Jorge Valero.
Economy & Jobs 13-12-2017

Macron shifts focus away from eurozone reform to court Merkel

French President Emmanuel Macron, concerned that a divisive discussion over eurozone reform might undermine his broader European agenda, has begun prioritizing other areas of EU cooperation, French officials say.
Economy & Jobs 05-12-2017

Portugal scores again, landing Eurogroup presidency

Portuguese Finance minister Mário Centeno became on Monday the new president of the Eurogroup as he promised to bring consensus across the aisle to strengthen the eurozone. 
Economy & Jobs 24-11-2017

Candidate list for Eurogroup chief to be published on 1 December

The chairman of euro zone finance ministers, Jeroen Dijsselbloem, will announce on 1 December the names of those who applied to succeed him, but there are still no clear front-runners for the election that will happen three days later.
Economy & Jobs 13-11-2017

France not impressed by Luxembourg’s bid to lead Eurogroup

Paris prefers the candidacy of Slovakia against that of Luxembourg, whose tax evasion record casts a shadow on its bid to lead the Eurogroup. EURACTIV France reports.
Economy & Jobs 09-11-2017

Mr Altmaier goes to Europe

At the start of this week, Eurogroup and ECOFIN met in Brussels. Interim Finance Minister Peter Altmaier attended the meetings on behalf of Germany for the first time. The talks focused on the banking union, fiscal policy and the Paradise Papers. EURACTIV Germany has an overview.
Economic governance 07-11-2017

EU finance chiefs thrash out post-Brexit future

European Union finance ministers wrangled yesterday (6 November) over differences in plans to reform the euro common currency in the wake of last year's shock Brexit vote.
Economy & Jobs 10-10-2017

Schäuble receives €100 notes with his face at farewell party

Eurozone finance ministers deluged German Finance Minister Wolfgang Schäuble with farewell gifts yesterday (9 October) as the man who inspired Europe's austerity answer to the debt crisis attended his last meeting with them.
Economy & Jobs 15-09-2017

France and Juncker disagree over eurozone priorities

France’s Economy and Finance minister Bruno Le Maire said that the priority should be eurozone integration before accepting new members, as European Commission President Jean-Claude Juncker defended this week.

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